{"id":137877,"date":"2024-09-25T14:00:49","date_gmt":"2024-09-25T11:00:49","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=137877"},"modified":"2024-09-25T10:24:52","modified_gmt":"2024-09-25T07:24:52","slug":"china-unveils-biggest-stimulus-since-pandemic-will-it-be-enough-to-revive-growth","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/china-unveils-biggest-stimulus-since-pandemic-will-it-be-enough-to-revive-growth\/","title":{"rendered":"China Unveils Biggest Stimulus Since Pandemic – Will It Be Enough to Revive Growth?"},"content":{"rendered":"
However, analysts caution that without additional fiscal measures, these efforts may fall short of overcoming the deep-rooted economic challenges, including deflationary pressures and structural weaknesses.<\/p>\n
The People\u2019s Bank of China (PBOC) announced a broad set of actions, including significant interest rate cuts and increased funding to inject<\/a><\/strong> more liquidity into the financial system. The move follows a series of lackluster economic indicators that have heightened concerns about a prolonged downturn.<\/p>\n While the PBOC\u2019s interventions have boosted market sentiment\u2014leading to gains in Chinese stocks, bonds, and the yuan\u2014many experts believe the stimulus alone may not be sufficient to reverse the downward trend. Julian Evans-Pritchard of Capital Economics emphasized that, although this is the most substantial package since early 2020, further fiscal support will be necessary to meet the country\u2019s 5% growth target for the year.<\/p>\n